Dummy or indicator variables typically are values of zero or one and are used to model the effects of different levels of qualitative variables. A qualitative variable, also referred to as a category variable, is a non-numerical variable. It describes information that can be categorized.
Examples include: Eye color (variables include: blue, green, brown, hazel). Qualitative variables, also referred to as category variables, are variables without a built-in notion of hierarchy. As a result, they are quantified using a numerical scale. A qualitative variable is, for example, hair color (Black, Brown, Gray, Red, Yellow). Numerical variables are the subject of quantitative data.
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Answer:
Actual level of activity which is 290,000 units
Explanation:
Although budgeted was 300,000 units, in order to understand the efficiency of labour in terms of the number of direct labour hours used, it must be flexed in order for it to be comparable.
for example they used only 135,000 units instead of budgeted which is 150,000 but although that is good, it does not tell us all the story, we will also consider the fact that they produced lesser quantities than planned which is 290,000 rather than 300,000.
There are times when law firms push their staff to increase their billable hours or bill clients for services they did not provide. An illustration of unethical behavior might be this.
<h3>What is unethical behaviour?</h3>
An act that goes against what is morally right for a person, a business, a profession, or in politics is deemed unethical behavior. Additionally, it can refer to a person's actions that go against the values upheld in the neighborhood where they reside.
Person acting unethically: Lying to loved ones, friends, and coworkers in order to obtain dishonest gain; robbing a home or job; borrowing money from a friend and not paying it back with the intent to defraud him; maintaining an extramarital relationship; criticizing friends, family, or coworkers behind their backs; conducting personal business during work hours; manipulating expense reimbursements; and selling a property without disclosing its flaws.
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Answer:
Letter b is correct. <em>Making sure employees know how their work contributes to the hospital's mission</em>
Explanation:
Performance management is characterized as a set of techniques and practices that together will help to verify the performance of organizational activities and their effectiveness. Its main function is to ensure that the proposed organizational objectives are met. Employees are a key player in organizational performance, so giving them feedback on their performance is important for communication to be effective and for a sense of staff to increase, and consequently their productivity to increase.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
February 1,000 $1,700
March 2,200 $4,000
April 2,000 $3,200
May 1,630 $3,100
June 1,240 $2,600
July 1,340 $3,020
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (highest activity units - Lowest activity units)
Variable cost per unit= (4,000 - 1,700) / (2,200 - 1,000)= $1.92
